Latest Frederick's of Hollywood Group (FOHL) Headlines
INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of FREDERICK'S OF HOLLYWOOD GROUP INC. and Its Board of Directors In Connection With the Sale of the Company to a Consortium -- FOHL
PR Newswire - Mon Dec 23, 4:05PM CST
Levi & Korsinsky is investigating the Board of Directors of Frederick's of Hollywood Group Inc. ("Frederick's" or "the Company") (OTC MKTS: FOHL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a consortium led by HGI Funding LLC and certain of the Company's common and preferred shareholders (the "Consortium").
The Deal: Frederick's of Hollywood to Be Taken Private
at The Street - Fri Dec 20, 8:49AM CST
Frederick's of Hollywood Group has agreed to be taken private in a deal that values the once-flourishing lingerie company at almost $11 million.
Investor Alert - Management Buyout Of Frederick's of Hollywood - Shareholder Rights Law Firm Seeks Higher Price
PR Newswire - Thu Dec 19, 8:32AM CST
Tripp Levy PLLC, a leading securities and shareholder rights law firm that represents shareholders nationwide, announces that it is investigating the acquisition of Frederick's of Hollywood Group Inc. (FOHL) ("Frederick's" or the "Company"). Frederick's announced that it has entered into a definitive merger agreement that provides for the acquisition of the Company by Harbinger Group Inc., and certain of the Company's other common and preferred shareholders (the "Consortium"), including the Company's CEO Thomas Lynch who entered into a new 3-year employment agreement as a result. The members of the Consortium as a group beneficially own approximately 88.6% of the Company's common stock.
Frederick's of Hollywood Group Inc. Enters Definitive Agreement for "Going Private" Transaction
PR Newswire - Thu Dec 19, 7:00AM CST
Frederick's of Hollywood Group Inc. (OTCQB: FOHL) (the "Company") announced that it has entered into a definitive merger agreement that provides for the acquisition of the Company by a group consisting of HGI Funding LLC, a wholly owned subsidiary of Harbinger Group Inc., and certain of the Company's other common and preferred shareholders (the "Consortium"). The members of the Consortium as a group beneficially own approximately 88.6% of the Company's common stock. The acquisition will be accomplished through FOHG Holdings, LLC ("Holdings"), an entity controlled by the Consortium that was formed for the purpose of the transaction.
Frederick's of Hollywood Group Inc. Reports Fiscal 2013 Year-End and Fourth Quarter Financial Results
PR Newswire - Fri Oct 25, 3:45PM CDT
Frederick's of Hollywood Group Inc. (OTCQB: FOHL) ("Company") today announced the financial results for its fiscal 2013 fourth quarter and year ended July 27, 2013.
Frederick's of Hollywood's Revolving Credit Facility FILO Advance Credit Line Increased by $5.0 Million to $14.0 Million
PR Newswire - Wed May 29, 5:08PM CDT
Frederick's of Hollywood Group Inc. (OTCQB: FOHL) (the "Company") announced today that Salus Capital Partners, LLC, the Company's lender, has increased the FILO Advance credit line portion of the Company's credit facility by $5.0 million to $14.0 million.
Frederick's of Hollywood Launches The Nudes Collection
PR Newswire - Tue May 14, 11:09AM CDT
Frederick's of Hollywood is excited to announce the launch of its exclusive Nudes Collection, a sexy new line of bras and panties developed in a customized nude color palette for women with different skin tones. Retailing at an accessible price point of $29.50 for bras and $12 for panties, the new collection premieres today at Frederick's retail locations and online at www.fredericks.com.
Frederick's of Hollywood Celebrates Anniversary of Introducing Black Lingerie to America
PR Newswire - Thu Apr 11, 1:57PM CDT
When Frederick Mellinger founded Frederick's of Hollywood in 1946, he wasn't afraid to take risks. He established a reputation for pushing fashion boundaries when he introduced black lingerie to the United States. It would become one of the intimate apparel industry's most coveted, must-have staples. To honor the heritage of fashion's favorite unmentionable, Frederick's is celebrating 67 years of black lingerie.
Frederick's of Hollywood Group Inc. Reports Fiscal 2013 Second Quarter Financial Results and Announces Management Change
PR Newswire - Mon Mar 18, 5:26PM CDT
Frederick's of Hollywood Group Inc. (OTCQB: FOHL) ("Company") today announced the financial results for its fiscal 2013 second quarter ended January 26, 2013. The Company also reported that, effective March 15, 2013, it has terminated its employment agreement with Don Jones, the Company's President and Chief Operating Officer. The Company's CEO, Mr. Thomas Lynch, will assume Mr. Jones' duties.
Frederick's of Hollywood Announces Closing of $10.0 Million Convertible Preferred Stock Offering
PR Newswire - Fri Mar 15, 3:50PM CDT
Frederick's of Hollywood Group Inc. (OTCQB: FOHL) (the "Company") announced today that it has closed a $10.0 million Series B Convertible Preferred Stock financing with Five Island Asset Management LLC (the "Purchaser"), a subsidiary of Harbinger Group Inc. The Series B preferred stock is convertible into an aggregate of 40,000,000 shares of the Company's common stock at a conversion price of $0.25 per share, subject to adjustment. Dividends on the Series B preferred stock are payable in cash at an annual rate of 9%, or, at the Company's discretion, payable in additional shares of Series B preferred stock at an annual rate of 12%. The Company also issued to the Purchaser warrants to acquire up to an aggregate of 10,246,477 shares of common stock at exercise prices ranging from $0.01 to $1.21 per share. The Series B preferred stock ranks senior to the Company's Series A Convertible Preferred Stock. The holder of the Series A Convertible Preferred Stock waived its anti-dilution adjustment otherwise applica
Frederick's Of Hollywood Launches New Hollywood Heart Throb Bra
PR Newswire - Tue Mar 05, 12:03PM CST
Frederick's of Hollywood is excited to announce the arrival of its most innovative bra yet, the Hollywood Heart Throb! Designed to work with a woman's individual shape and style, the Heart Throb is truly a bra for everybody.
INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of FREDERICK'S OF HOLLYWOOD GROUP INC. and Its Board of Directors In Connection With the Sale of the Company to a Consortium -- FOHL
PR Newswire - Mon Dec 23, 4:05PM CST
Levi & Korsinsky is investigating the Board of Directors of Frederick's of Hollywood Group Inc. ("Frederick's" or "the Company") (OTC MKTS: FOHL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a consortium led by HGI Funding LLC and certain of the Company's common and preferred shareholders (the "Consortium").
The Deal: Frederick's of Hollywood to Be Taken Private
at The Street - Fri Dec 20, 8:49AM CST
Frederick's of Hollywood Group has agreed to be taken private in a deal that values the once-flourishing lingerie company at almost $11 million.
Investor Alert - Management Buyout Of Frederick's of Hollywood - Shareholder Rights Law Firm Seeks Higher Price
PR Newswire - Thu Dec 19, 8:32AM CST
Tripp Levy PLLC, a leading securities and shareholder rights law firm that represents shareholders nationwide, announces that it is investigating the acquisition of Frederick's of Hollywood Group Inc. (FOHL) ("Frederick's" or the "Company"). Frederick's announced that it has entered into a definitive merger agreement that provides for the acquisition of the Company by Harbinger Group Inc., and certain of the Company's other common and preferred shareholders (the "Consortium"), including the Company's CEO Thomas Lynch who entered into a new 3-year employment agreement as a result. The members of the Consortium as a group beneficially own approximately 88.6% of the Company's common stock.
Frederick's of Hollywood Group Inc. Enters Definitive Agreement for "Going Private" Transaction
PR Newswire - Thu Dec 19, 7:00AM CST
Frederick's of Hollywood Group Inc. (OTCQB: FOHL) (the "Company") announced that it has entered into a definitive merger agreement that provides for the acquisition of the Company by a group consisting of HGI Funding LLC, a wholly owned subsidiary of Harbinger Group Inc., and certain of the Company's other common and preferred shareholders (the "Consortium"). The members of the Consortium as a group beneficially own approximately 88.6% of the Company's common stock. The acquisition will be accomplished through FOHG Holdings, LLC ("Holdings"), an entity controlled by the Consortium that was formed for the purpose of the transaction.
Frederick's of Hollywood Group Inc. Reports Fiscal 2013 Year-End and Fourth Quarter Financial Results
PR Newswire - Fri Oct 25, 3:45PM CDT
Frederick's of Hollywood Group Inc. (OTCQB: FOHL) ("Company") today announced the financial results for its fiscal 2013 fourth quarter and year ended July 27, 2013.
Frederick's of Hollywood's Revolving Credit Facility FILO Advance Credit Line Increased by $5.0 Million to $14.0 Million
PR Newswire - Wed May 29, 5:08PM CDT
Frederick's of Hollywood Group Inc. (OTCQB: FOHL) (the "Company") announced today that Salus Capital Partners, LLC, the Company's lender, has increased the FILO Advance credit line portion of the Company's credit facility by $5.0 million to $14.0 million.
Frederick's of Hollywood Launches The Nudes Collection
PR Newswire - Tue May 14, 11:09AM CDT
Frederick's of Hollywood is excited to announce the launch of its exclusive Nudes Collection, a sexy new line of bras and panties developed in a customized nude color palette for women with different skin tones. Retailing at an accessible price point of $29.50 for bras and $12 for panties, the new collection premieres today at Frederick's retail locations and online at www.fredericks.com.
Frederick's of Hollywood Celebrates Anniversary of Introducing Black Lingerie to America
PR Newswire - Thu Apr 11, 1:57PM CDT
When Frederick Mellinger founded Frederick's of Hollywood in 1946, he wasn't afraid to take risks. He established a reputation for pushing fashion boundaries when he introduced black lingerie to the United States. It would become one of the intimate apparel industry's most coveted, must-have staples. To honor the heritage of fashion's favorite unmentionable, Frederick's is celebrating 67 years of black lingerie.
Frederick's of Hollywood Group Inc. Reports Fiscal 2013 Second Quarter Financial Results and Announces Management Change
PR Newswire - Mon Mar 18, 5:26PM CDT
Frederick's of Hollywood Group Inc. (OTCQB: FOHL) ("Company") today announced the financial results for its fiscal 2013 second quarter ended January 26, 2013. The Company also reported that, effective March 15, 2013, it has terminated its employment agreement with Don Jones, the Company's President and Chief Operating Officer. The Company's CEO, Mr. Thomas Lynch, will assume Mr. Jones' duties.
Frederick's of Hollywood Announces Closing of $10.0 Million Convertible Preferred Stock Offering
PR Newswire - Fri Mar 15, 3:50PM CDT
Frederick's of Hollywood Group Inc. (OTCQB: FOHL) (the "Company") announced today that it has closed a $10.0 million Series B Convertible Preferred Stock financing with Five Island Asset Management LLC (the "Purchaser"), a subsidiary of Harbinger Group Inc. The Series B preferred stock is convertible into an aggregate of 40,000,000 shares of the Company's common stock at a conversion price of $0.25 per share, subject to adjustment. Dividends on the Series B preferred stock are payable in cash at an annual rate of 9%, or, at the Company's discretion, payable in additional shares of Series B preferred stock at an annual rate of 12%. The Company also issued to the Purchaser warrants to acquire up to an aggregate of 10,246,477 shares of common stock at exercise prices ranging from $0.01 to $1.21 per share. The Series B preferred stock ranks senior to the Company's Series A Convertible Preferred Stock. The holder of the Series A Convertible Preferred Stock waived its anti-dilution adjustment otherwise applica
Frederick's Of Hollywood Launches New Hollywood Heart Throb Bra
PR Newswire - Tue Mar 05, 12:03PM CST
Frederick's of Hollywood is excited to announce the arrival of its most innovative bra yet, the Hollywood Heart Throb! Designed to work with a woman's individual shape and style, the Heart Throb is truly a bra for everybody.
